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The Russian authorities are considering a proposal to allow foreign banks who are not associated with unfriendly countries to open branches in Russia this year. Rhod Mackenzie looks at how this move could change the whole financial landscape in Russia particularly with cross border payments. 00:00 Introduction 01:30 Proposal to allow friendly foreign banks in Russia 03:40 New Law is a high priority for Russian Govt 06:10 New situation needs new measures 08:10 Foreign branches will help cross border trade 09:00 China has Ali Pay and We Pay Please Visit my Website to get more information: 🔔 Interested in the pulse of international relations? Subscribe for my in-depth analysis and regular SCO and BRICS countries updates! @SCOBRICSInsight/?sub_confirmation=1 🔗Stay Connected With Me 👉Facebook: 👉Instagram: 👉Twitter: 👉LinkedIn: 👉Website: ============================= ✅ Other Videos You Might Be Interested In Watching: 👉 Russian companies return home 👉 US doubles down on Russian oil export sanctions 👉 The Ghost of Nord Stream haunts the EU 👉 Do the BRICS really need to have their own currency? 👉 Who blew up the Nord Stream pipeline? Origins and its importance. ============================= ✅ About SCO & BRICS Insight. Welcome to SCO & BRICS Insight, your essential source for the latest news and analysis on the SCO and BRICS Insight! 🌍📰 Get into my comprehensive coverage of these influential regions' economies, energy, commodities, and politics. 📈🔋 Stay informed with my regular updates and insightful editorials that shed light on the key events shaping the SCO and BRICS countries. 🌏 Whether you're a policy enthusiast, international relations student, or keen on global developments, my channel brings you closer to the heart of these dynamic regions. 🎥🌐 🔔 Curious about the latest in global politics and economics? Subscribe for my in-depth analysis and Exclusive Updates on Economics, Politics, and More! @SCOBRICSInsight/?sub_confirmation=1 ================================= #brics ⚠️Disclaimer: I do not accept any liability for any loss or damage incurred from you acting or not acting as a result of watching any of my publications. You acknowledge that you use the information I provide at your own risk. Do your research. Copyright Notice: This video and my YouTube channel contain dialogue, music, and images that are the property of SCO & BRICS Insight. You are authorized to share the video link and channel and embed this video in your website or others as long as a link back to my YouTube channel is provided. © SCO & BRICS Insight
